Best stablecoin yields on Base
USDC, USDT, DAI, USDS, USDe and other dollar-pegged coins: every liquid pool with live APY, the base/reward split and a 30-day average. Sorted by liquidity so the biggest, most reliable markets come first.
4.28%
Median single-asset APY
35.94%
Best APY (liquid)
54
Liquid pools
$2.60B
Total liquidity
24
Protocols
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | |
|---|---|---|---|---|---|---|
| STEAKUSDC Morpho Blue | 4.28% base 4.28% | 4.28% | $427.8M | Stable Single Stable/Up | Deposit ↗ | |
| GTUSDCP Morpho Blue | 4.28% base 4.28% | 4.28% | $421.6M | Stable Single Stable/Up | Deposit ↗ | |
| SIRLOINUSDC Morpho Blue | 5.63% base 2.84% + reward 2.79% | 5.68% | $403.4M | — | Stable Single Down | Deposit ↗ |
| USDE Morpho Blue | 4.75% base 0.00% + reward 4.75% | 4.66% | $362.8M | Stable Single Reward-heavy Down | Deposit ↗ | |
| SPARKUSDC Morpho Blue | 3.84% base 3.84% | 3.84% | $272.9M | — | Stable Single Stable/Up | Deposit ↗ |
| GTUSDCP Morpho Blue | 4.28% base 4.28% | 4.28% | $171.5M | Stable Single Down | Deposit ↗ | |
| STEAKUSDC Morpho Blue | 3.19% base 3.19% | 3.19% | $131.6M | Stable Single Stable/Up | Deposit ↗ | |
| USDC Centrifuge Protocol · Janus Henderson AAA CLO Fund | 4.85% base 4.85% | 5.17% | $52.6M | Stable Single Down | Deposit ↗ | |
| GTUSDA Gauntlet · Gauntlet USD Alpha | 4.68% base 4.68% | 4.81% | $51.0M | Stable Single Stable/Up | Deposit ↗ | |
| CSCBUSDC Morpho Blue | 5.66% base 3.97% + reward 1.69% | 5.91% | $37.6M | — | Stable Single Stable/Up | Deposit ↗ |
| BBQUSDC Morpho Blue | 4.86% base 4.86% | 5.12% | $31.3M | Stable Single Stable/Up | Deposit ↗ | |
| ETHENAUSDC Morpho Blue | 4.35% base 4.35% | 4.22% | $30.7M | — | Stable Single Down | Deposit ↗ |
| USDC Midas RWA · mGLO | 0.00% base 0.00% | 0.00% | $26.5M | Stable Single | Deposit ↗ | |
| USDC Aave V3 | 3.66% base 3.66% | 3.54% | $21.3M | Stable Single Stable/Up | Deposit ↗ | |
| STEAKUSDC Morpho Blue | 4.06% base 4.06% | 4.06% | $20.5M | Stable Single Stable/Up | Deposit ↗ | |
| USDS Spark Savings | 3.60% base 3.60% | 3.55% | $12.0M | Stable Single Stable/Up | Deposit ↗ | |
| PUSDC Morpho Blue | 3.84% base 3.84% | 3.84% | $11.8M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC ZEROBASE CeDeFi | 9.00% base 7.00% + reward 2.00% | 9.00% | $10.5M | Stable Single Stable/Up | Deposit ↗ | |
| USDC Avantis · vault | 20.76% base 20.76% | 8.61% | $10.1M | Stable Single Down | Deposit ↗ | |
| USDC Fluid Lending | 5.51% base 5.51% | 4.93% | $9.0M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC YO Protocol · yoUSD | 4.20% base 4.20% | 4.11% | $8.5M | — | Stable Single Stable/Up | Deposit ↗ |
| GTUSDCF Morpho Blue | 5.42% base 5.42% | 5.53% | $5.4M | — | Stable Single Stable/Up | Deposit ↗ |
| MWUSDC Morpho Blue | 3.86% base 3.75% + reward 0.11% | 4.09% | $4.6M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Ample | 3.70% base 3.70% | 4.04% | $4.4M | — | Stable Single Stable/Up | Deposit ↗ |
| EURC Aave V3 | 1.96% base 1.96% | 2.09% | $3.9M | — | Stable Single Down | Deposit ↗ |
| USDC Extra Finance Leverage Farming | 6.07% base 6.07% | 6.66% | $3.8M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC AUTOfinance · baseUSD | 9.98% base 5.37% + reward 4.62% | 8.75% | $3.6M | — | Stable Single Down | Deposit ↗ |
| USDC Spectra MetaVaults · Gami Spectra USDC | 2.11% base 2.11% | 2.01% | $3.0M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Gami Labs · Gami Spectra USDC | 2.11% base 2.11% | 2.00% | $3.0M | — | Stable Single Stable/Up | Deposit ↗ |
| SUSDAI-USDC Fluid DEX | 0.00% base 0.00% | 0.24% | $2.9M | — | Stable LP | Deposit ↗ |
| SUSDAI Fluid Lending | 0.00% base 0.00% | 0.00% | $2.9M | — | Stable Single | Deposit ↗ |
| STEAKEURC Morpho Blue | 2.65% base 2.65% | 3.37% | $2.9M | — | Stable Single Stable/Up | Deposit ↗ |
| SYRUPUSDC Aave V3 | 0.00% base 0.00% | 0.00% | $2.7M | — | Stable Single | Deposit ↗ |
| BBQUSDC Morpho Blue | 5.32% base 5.32% | 4.64% | $2.1M | — | Stable Single Down | Deposit ↗ |
| GUSDCQ Morpho Blue | 4.28% base 4.28% | 4.16% | $2.0M | — | Stable Single Down | Deposit ↗ |
| USDC Beefy · Morpho | 4.36% | 4.62% | $1.9M | — | Stable Single Down | Deposit ↗ |
| USDC Harvest Finance · 40 Acres | 131.00% base 131.00% | 35.94% | $1.8M | — | Stable Single Down | Deposit ↗ |
| GTUSDCC Morpho Blue | 3.85% base 3.85% | 3.85% | $1.8M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Yearn Finance | 5.00% base 5.00% | 5.02% | $1.7M | — | Stable Single Stable/Up | Deposit ↗ |
| SRROYSUSN Royco V2 · Staked USN · Senior | 6.68% base 6.68% | 7.19% | $1.6M | — | Stable Single Stable/Up | Deposit ↗ |
| EURC-USDC Aerodrome Slipstream · CL50 - 0.0073% | 23.60% base 19.35% + reward 4.25% | 22.48% | $1.5M | — | Stable LP IL Down | Deposit ↗ |
| ZVUSDC Zircuit Finance | 7.74% base 7.74% | 7.66% | $1.4M | — | Stable Single Stable/Up | Deposit ↗ |
| MSUSD-USDC Aerodrome V1 | 5.68% + reward 5.68% | 11.97% | $1.3M | — | Stable LP Reward-heavy Stable/Up | Deposit ↗ |
| EURC Fluid Lending | 2.73% base 2.73% | 2.91% | $1.3M | — | Stable Single Stable/Up | Deposit ↗ |
| ARCHGV1USDC Morpho Blue | 4.06% base 4.06% | 4.06% | $1.3M | — | Stable Single Stable/Up | Deposit ↗ |
| RE7USDC Morpho Blue | 4.06% base 4.06% | 2.73% | $1.2M | — | Stable Single Down | Deposit ↗ |
| MWEURC Morpho Blue | 2.01% base 1.91% + reward 0.10% | 3.13% | $1.2M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC-MUSD Aerodrome Slipstream · CL10 - 0.05% | 6.15% base 0.62% + reward 5.52% | 4.05% | $1.2M | — | Stable LP Reward-heavy Down | Deposit ↗ |
| USDC Fusion by IPOR · Base USDC Lending Optimizer | 8.52% base 5.02% + reward 3.50% | 7.60% | $1.1M | — | Stable Single Down | Deposit ↗ |
| STEAKXSGD Morpho Blue | 0.15% base 0.15% | 0.26% | $1.1M | — | Stable Single Stable/Up | Deposit ↗ |
By stablecoin
- GTUSDCPbest 4.28% · 2 pools · $593.1M
- STEAKUSDCbest 4.28% · 3 pools · $579.8M
- SIRLOINUSDCbest 5.63% · 1 pools · $403.4M
- USDE Ethena USDebest 4.66% · 1 pools · $362.8M
- SPARKUSDCbest 3.84% · 1 pools · $272.9M
- USDC USD Coinbest 35.94% · 23 pools · $173.0M
- GTUSDAbest 4.68% · 1 pools · $51.0M
- CSCBUSDCbest 5.66% · 1 pools · $37.6M
- BBQUSDCbest 4.86% · 2 pools · $33.4M
- ETHENAUSDCbest 4.22% · 1 pools · $30.7M
- USDS Sky USDSbest 3.55% · 1 pools · $12.0M
- PUSDCbest 3.84% · 1 pools · $11.8M
- EURC Euro Coinbest 22.48% · 3 pools · $6.8M
- SUSDAIbest 0.00% · 2 pools · $5.8M
- GTUSDCFbest 5.42% · 1 pools · $5.4M
- MWUSDCbest 3.86% · 1 pools · $4.6M
- STEAKEURCbest 2.65% · 2 pools · $3.9M
- SYRUPUSDCbest 0.00% · 1 pools · $2.7M
- GUSDCQbest 4.16% · 1 pools · $2.0M
- GTUSDCCbest 3.85% · 1 pools · $1.8M
Where stablecoin yield comes from
Three sources. Lending markets (Aave, Morpho, Spark, Compound) pay you the interest that borrowers pay, minus a protocol fee; rates rise when leverage demand rises. Savings tokens (sUSDS, sUSDe, USDY, BUIDL) pass through treasury-bill income or funding-rate income. Liquidity pools (Curve, Uniswap) pay trading fees, sometimes topped up with reward tokens. The base/reward split under each APY tells you which part is durable.
Compare the base rate with the median above: a stablecoin pool paying three times the median is either tiny, new, or paying in a token you may not want. Custodial alternatives are on the CeFi rates page.
Questions people ask
What is the best stablecoin yield on Base right now?
The highest APY among stablecoin pools with at least $1M of liquidity is 35.94%. The median stablecoin single-asset rate is 4.28%. Rates refresh every hour.
Which stablecoins pay the most?
Rates differ by coin and venue. GTUSDCP up to 4.28%, STEAKUSDC up to 4.28%, SIRLOINUSDC up to 5.63%, USDE up to 4.66%, SPARKUSDC up to 3.84%, USDC up to 35.94%. Open a coin page for every pool.
Why do stablecoin APYs differ so much between protocols?
Lending markets pay what borrowers pay, minus a protocol cut. Liquidity pools earn trading fees. Some pools add token rewards on top (shown as “reward” in the APY split), and those emissions can stop at any time. Higher APY usually means a smaller market, a newer protocol or extra risk.
Are stablecoin yields safe?
No yield is risk-free. Stablecoins can lose their peg, smart contracts can be exploited, and lending markets can run out of liquidity. Prefer large TVL, audited protocols and rates that are close to the median. See our methodology.